Civic Intelligence

Sunset Retirement Communities Inc.

990 • Fiscal year 2012 • EIN 34-4428230

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 01, 2013

4040 Indian Road43606
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.43x

Higher debt load relative to assets than 58% of similar nonprofits.

2012 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

65th percentile

6.8%

Faster asset growth than 65% of similar nonprofits.

2012 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$74,327,988

Up $4,737,593 (+6.8%) from 2011

Net Assets

Up

$42,615,038

Up $5,510,419 (+15%) from 2011

Liabilities

Down

$31,712,950

Down $772,826 (-2.4%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$14,592,750

Down $1,150,313 (-7.3%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $70,841,662Liabilities 2010: $33,204,756Net Assets 2010: $37,636,9062010Assets 2011: $69,590,395Liabilities 2011: $32,485,776Net Assets 2011: $37,104,6192011Assets 2012: $74,327,988Liabilities 2012: $31,712,950Net Assets 2012: $42,615,0382012Assets 2013: $80,546,242Liabilities 2013: $31,133,929Net Assets 2013: $49,412,3132013Assets 2014: $81,535,152Liabilities 2014: $30,109,313Net Assets 2014: $51,425,8392014Assets 2015: $79,977,398Liabilities 2015: $29,718,432Net Assets 2015: $50,258,9662015Assets 2016: $80,676,433Liabilities 2016: $28,739,333Net Assets 2016: $51,937,1002016Assets 2017: $83,917,160Liabilities 2017: $27,798,860Net Assets 2017: $56,118,3002017Assets 2018: $80,522,903Liabilities 2018: $27,135,247Net Assets 2018: $53,387,6562018Assets 2019: $84,827,109Liabilities 2019: $26,077,235Net Assets 2019: $58,749,8742019Assets 2020: $105,428,225Liabilities 2020: $27,526,211Net Assets 2020: $77,902,0142020Assets 2021: $108,190,573Liabilities 2021: $23,035,159Net Assets 2021: $85,155,4142021Assets 2022: $98,632,585Liabilities 2022: $22,019,281Net Assets 2022: $76,613,3042022Assets 2023: $106,869,928Liabilities 2023: $23,590,650Net Assets 2023: $83,279,2782023Assets 2024: $114,951,179Liabilities 2024: $24,660,601Net Assets 2024: $90,290,5782024

Highlighted filing

2012

Assets$74,327,988
Liabilities$31,712,950
Net Assets$42,615,038

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$30M$20M$10M$0Expenses 2010: $15,285,8832010Expenses 2011: $15,743,0632011Expenses 2012: $14,592,7502012Revenue 2013: $17,585,006Expenses 2013: $15,249,220Net Income 2013: $2,335,7862013Revenue 2014: $18,425,184Expenses 2014: $15,741,269Net Income 2014: $2,683,9152014Revenue 2015: $17,256,849Expenses 2015: $16,129,509Net Income 2015: $1,127,3402015Revenue 2016: $16,798,697Expenses 2016: $16,363,620Net Income 2016: $435,0772016Revenue 2017: $21,376,170Expenses 2017: $17,597,580Net Income 2017: $3,778,5902017Revenue 2018: $19,933,990Expenses 2018: $18,706,968Net Income 2018: $1,227,0222018Revenue 2019: $20,224,134Expenses 2019: $20,050,817Net Income 2019: $173,3172019Revenue 2020: $36,421,519Expenses 2020: $20,678,879Net Income 2020: $15,742,6402020Revenue 2021: $24,563,176Expenses 2021: $19,754,036Net Income 2021: $4,809,1402021Revenue 2022: $27,519,880Expenses 2022: $23,403,893Net Income 2022: $4,115,9872022Revenue 2023: $28,236,691Expenses 2023: $26,328,720Net Income 2023: $1,907,9712023Revenue 2024: $31,620,831Expenses 2024: $28,094,533Net Income 2024: $3,526,2982024

Highlighted filing

2012

Revenue-
Expenses$14,592,750
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 1, 2013
Return Version
2012v2.1
Gross Receipts
$19,734,021
Mission and Program Overview

Mission

The purpose of the Organization is to support and maintain a home for the aged and infirm. To this effect, Sunset Retirement Communities extends charitable care to those who exhaust their assets as well as provide special consideration and financial assistance, in both its admission and residency policies, to aged applicants who have no family to care for them, are of limited financial means, are in need of the services the Organization provides and are residents of the greater Toledo area. The Organization provides the following services: housing, assistance with activities of daily living (including bathing, dressing and walking), housekeeping, laundry and meal services. In addition, the Organization provides skilled nursing services to those in need of short or long term nursing care as part of a continuum of care.

Filing and Contact Details

Filer

EIN
34-4428230
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IRS990/ActivityOrMissionDescription0See below.The purpose of the Organization is to support and maintain a home for the aged and infirm. To this effect, Sunset Retirement Communities extends charitable care to those who exhaust their assets as well as provide special consideration and financial assistance, in both its admission and residency policies, to aged applicants who have no family to care for them, are of limited financial means, are in need of the services the Organization provides and are residents of the greater Toledo area. The Organization provides the following services: housing, assistance with activities of daily living (including bathing, dressing and walking), housekeeping, laundry and meal services. In addition, the Organization provides skilled nursing services to those in need of short or long term nursing care as part of a continuum of care.
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IRS990/MissionDescription0The purpose of the Organization is to support and maintain a home for the aged and infirm. To this effect, Sunset Retirement Communities extends charitable care to those who exhaust their assets as well as provide special consideration and financial assistance, in both its admission and residency policies, to aged applicants who have no family to care for them, are of limited financial means, are in need of the services the Organization provides and are residents of the greater Toledo area. The Organization provides the following services: housing, assistance with activities of daily living (including bathing, dressing and walking), housekeeping, laundry and meal services. In addition, the Organization provides skilled nursing services to those in need of short or long term nursing care as part of a continuum of care.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0Mark Minard
IRS990/NbrIndependentVotingMembers021
IRS990/NbrVotingGoverningBodyMembers021
IRS990/NbrVotingMembersGoverningBody021
IRS990/NetAssetsOrFundBalancesBOY037104619
IRS990/NetAssetsOrFundBalancesEOY042615038
IRS990/NetGainOrLossInvestments/ExclusionAmount0-3261
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0-3261
IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount0-7713
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn0-7713
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096039
IRS990/NumberIndependentVotingMembers021
IRS990/NumberIndividualsGT100K03
IRS990/NumberOfContractorsGT100K05
IRS990/NumberOfEmployees0388
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral012468
IRS990/Occupancy/ProgramServices0491115
IRS990/Occupancy/Total0503583
IRS990/OfficeExpenses/Fundraising0731
IRS990/OfficeExpenses/ManagementAndGeneral064285
IRS990/OfficeExpenses/ProgramServices04259
IRS990/OfficeExpenses/Total069275
IRS990/OfficerEntityWithBsnssRltnshp01
IRS990/OfficerMailingAddress00
IRS990/OnBehalfOfIssuer00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY04075864
IRS990/OtherAssetsTotal/EOY04641097
IRS990/OtherEmployeeBenefits/Fundraising01895
IRS990/OtherEmployeeBenefits/ManagementAndGeneral0163093
IRS990/OtherEmployeeBenefits/ProgramServices0469534
IRS990/OtherEmployeeBenefits/Total0634522
IRS990/OtherExpensePriorYear07887794
IRS990/OtherExpensesCurrentYear06877647
IRS990/OtherExpenses/Description0Food Costs
IRS990/OtherExpenses/Description1Repairs & Maintenance
IRS990/OtherExpenses/Description2State Mandated Fees
IRS990/OtherExpenses/Description3Medical Costs and Suppl
IRS990/OtherExpenses/ManagementAndGeneral09998
IRS990/OtherExpenses/ProgramServices0602287
IRS990/OtherExpenses/ProgramServices1332963
IRS990/OtherExpenses/ProgramServices2323034
IRS990/OtherExpenses/ProgramServices3261664
IRS990/OtherExpenses/Total0602287
IRS990/OtherExpenses/Total1342961
IRS990/OtherExpenses/Total2323034
IRS990/OtherExpenses/Total3261664
IRS990/OtherRevenueCurrentYear076844
IRS990/OtherRevenuePriorYear059033
IRS990/OtherSalariesAndWages/Fundraising017020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$115$24.7$90.3$31.6$28.1$3.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$107$23.6$83.3$28.2$26.3$1.91
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.6$22.0$76.6$27.5$23.4$4.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$108$23.0$85.2$24.6$19.8$4.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$27.5$77.9$36.4$20.7$15.7
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.8$26.1$58.7$20.2$20.1$0.17
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$80.5$27.1$53.4$19.9$18.7$1.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.9$27.8$56.1$21.4$17.6$3.78
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$80.7$28.7$51.9$16.8$16.4$0.44
2015Detailed filing. Detailed filing data is available for this year.$80.0$29.7$50.3$17.3$16.1$1.13
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$81.5$30.1$51.4$18.4$15.7$2.68
2013Detailed filing. Detailed filing data is available for this year.$80.5$31.1$49.4$17.6$15.2$2.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.3$31.7$42.6$14.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.6$32.5$37.1$15.7
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$70.8$33.2$37.6$15.3